Fujitsu and Toshiba Sign MOU to Merge Mobile Phone Businesses

  Tokyo, June 17, 2010 - (JCN Newswire) - Fujitsu Limited and Toshiba Corporation announced that today they have signed a memorandum of understanding (MOU) to their mobile phone businesses. According to the MOU, Toshiba will transfer its mobile phone business to a new company to be established October 1, 2010, and Fujitsu will acquire a majority of the shares in the company.  

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